Rank: 43 (Previous rank: 37) Compare tool:MetLife vs. Top 10 CEO: C. Robert Henrikson Address: 200 Park Ave.
New York, NY 10166 Phone: 212-578-2211 Website:www.metlife.com
The nation's largest life insurer, which has a diversified investment portfolio, had a tough act to follow last year, since its 2006 earnings got a $3 billion boost from the largest residential real estate sale in history. As a result, profit fell 31.4%.
But the company has been virtually untouched by the mortgage crisis, since its subprime investments account for less than 1% of the insurer's portfolio and had losses of less than $1 million. MetLife saw growth in overseas sales and increased sales of retirement investments, and put more money into timber and hedge funds as investment alternatives.